This asset is an incomplete residential development in Timi, Paphos.

The asset is located c. 230m southeast of Timi’s primary school, c. 200m northeast of Timi - Geroskipou road and c. 1km west of Limassol – Paphos motorway.

Onsite there is an incomplete house with only the foundations and ground floor columns completed. There is an expired building permit for three houses. The total land area is 626sqm. It abuts a registered road with a road frontage of c. 15m.

The immediate area of the property comprises of residential developments that enjoys easy access to the motorway.

The asset falls within residential planning zone H3 with building density coefficient of 60%, coverage coefficient of 35%, in 2 floors and a maximum height of 8,3m.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 14/10/2022.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.